Thanks mudcrabs, great info. As a FMG believer, it’s great to see the io price higher than last year. However, I’d point out that the trend last year was up and this year’s comparative numbers are in a down trend. Because the market is forward looking in noting those trends, that y-on-y comparison explains the lower sp. But when io turns around, it’s similarly obvious that the sp will respond with big steps upwards again.
Iron ore price, page-39656
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |